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Arkansas has a population of approximately 3,006,309 and experiences a population change rate of 12.45%. The population density is 57.8 / sq mi .
The median household income for Arkansas is $52,123, with 1,158,460 households and an average household size of 2.53.
The median value of a home in Arkansas is $181,800 with an appreciation rate of 18.50%. 56.19% of housing in the state is owned while 28.87% is rented.
The cost of living in Arkansas is 84.4 %.
The unemployment rate in Arkansas is 2.40%, and recent job growth is at 2.25%. Future job growth is projected at 40.66%.
The sales tax rate in Arkansas is 9.50%, while the income tax rate is 5.50% .
School expenditures in Arkansas are $11,927, and the school ratio is 13.2:1.
The average high temperature in July is 91.1 degrees, with an average low temperature in January of 28.1 degrees. The average rainfall is approximately 50.5 inches per year, with 4 inches of snow per year.